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Recent research from the Association of Investment Companies suggests that 78% of investors plan to make use of their ISA allowance this year. 40% plan to use only the shares element , representing a 1% rise since last year, while just over a quarter plan to use both their cash ISA and investment ISA allowance, again representing a 1% increase on the previous year. more

A recent survey conducted by NS&I indicates that the demographic of ISA savers has undergone quite a few changes in recent years. A survey of over 1,200 UK adults revealed some interesting insights into the behavior of savers in the past few years. more

New investment vehicle from Abbey

11 August 2005

High street lender Abbey has launched a third guaranteed income bond (GIB) hoping to build on the success of the previous two issues.

The GIB offers a guaranteed fixed income rate of 3.6 per cent and the full return of capital after four years.

The announcement comes at a time when many investors are looking at different vehicles to make their money work best for them.

"The first two issues of the guaranteed income bond have been incredibly successful and we are pleased to issue a third at such competitive rates," said Pak Chan, Abbey's head of investments marketing.

"With interest rates having fallen and the potential for them to fall further, the guaranteed income bond gives people the opportunity to secure a fixed income for the next four years."

The financial services sector and the government have been working hard to convince more people to save for the future.